Our Role and Responsibilities
The Government of the Republic of Trinidad and Tobago (GORTT) established a new entity – Estate Management and Business Development Company Limited (EMBD) – as a wholly-owned State Enterprise. Incorporated on August 8, 2002, EMBD commenced business on August 28, 2002. (Company No. E1351 (95).
EMBD’s core responsibilities are embodied in the following three (3) major outcomes required by the Government:
- Institute transparent and efficient management of lands formerly owned by Caroni (1975) Limited, which will be vested in the State.
- Optimize the use of the land assets in a manner that generates economic activity through the establishment of new business activity in the following four (4) areas:
- Industrial Light
- Manufacturing Commercial
- Complexes/Residential Estates
- Agricultural Estates
- Facilitate the development of new industries, which provide meaningful and sustainable employment.
Since the establishment of the EMBD, the initial mandate given in 2002 by the Government of the Republic of Trinidad and Tobago (GORTT) has been expanded extensively and in the year 2007 with several new sites were added.